📉 Current price of DOT
Trading around $4.46 (intraday range: $4.10–$4.61) CoinGecko+2Bitbo Charts+2changelly.com+2changelly.com+7CoinCodex+7InvestingHaven+7.
This confirms that it is hovering around approximately $4.475, as you mentioned.
🌐 BTC Dominance: rotating towards altcoins
Bitcoin's dominance has fallen to approximately 61–61.6%, down from a peak close to 65% at the end of June CoinGecko+11Cryptodnes.bg+11TradingView+11.
Its recent technical rejection at the resistance level (~65%) is comparable to previous patterns that have preceded altseasons TradingView.
Analysis like Matthew Hyland's warns that if Ethereum and altcoins continue to rise, BTC dominance likely already peaked Milk Road+9Cointelegraph+9Cinco Días+9.
➡️ Context conclusion: The drop in BTC dominance indicates that investors are rotating capital towards altcoins — a key environment for DOT to gain momentum.
🔍 Daily market (1D): technical signals of DOT
🧩 Price structure
DOT is in a consolidation zone between $4.10–$4.60. Breaking above $4.60–$4.70 would be key to validate the bullish pattern.
If there is a daily close above this range with increasing volume, an explosive move proportional to its lateral range would be activated.
📈 Technical indicators
Daily RSI: in neutral zone (~50), no overbought, leaving room for significant gains.
Daily MACD: slope to review, but the recent rebound suggests a bullish crossover.
Volume: +48% in the last 24 h, indicating increased buying interest Cryptodnes.bg.
🧭 Key zones
Strong support: $4.10–$4.20 (day's lows)
Immediate resistance: $4.60–$4.70 (top of the range)
Potential targets:
Short term: $5.20–$5.50 (fibonacci + previous resistances)
Medium term: $6.00, subsequently $7.00 (return to historical structures in previous years)
🚀 Is DOT “about to explode”?
Yes, if it breaks with a daily close above $4.70 accompanied by volume.
The macro crypto environment — with BTC dominance falling — favors altcoins.
The consolidative pattern and current volume activity suggest a strong probability of an upward breakout towards $5+.